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Denver

Why you'd want to live in Denver

Denver, located at the junction of the South Platte River and Cherry Creek, is the state capital and largest city in Colorado. Situated 5672 feet above sea level in the shadows of the Rocky Mountains, Denver is known as the "Mile High City." It was named after James W. Denver, governor of the Kansas Territory that included parts of Colorado. Prospectors settled Denver in 1858 with the discovery of gold on the shores of Cherry Creek. The opening of gold and silver mines in the 1870s and 1880s brought prosperity to the growing city. Installation of military bases in the area after World War II triggered even more rapid growth, but more recent growth has been augmented by the draw of the mountains, cultural amenities and the huge influx of young professionals to the city.

Denver Market Report

$795,330

AVERAGE PRICE OF 3,301 HOMES

$449,966

AVERAGE PRICE OF 3 DISTRESSED HOMES

$2,087,319

AVERAGE PRICE OF 579 MULTI-MILLION DOLLAR HOMES

$785,441

AVERAGE PRICE OF 523 NEWLY BUILT HOMES

$663,898

AVERAGE PRICE OF 605 HOMES WITH A POOL

$767,930

AVERAGE PRICE OF 124 REDUCED PRICE HOMES

Average Home

Average Price $795,330
Avg Bedrooms 2.72 beds
Avg Bathrooms 2.4 baths

Average Price by Bedrooms

1 bedroom $381,913
2 bedrooms $533,201
3 bedrooms $727,423
4 bedrooms $936,995
5 bedrooms $1,379,067
Denver Home Price Trends
  5/2021 4/2021 3/2021 2/2021 1/2021
Total Listings 3,047 3,003 2,889 2,889 2,635
Average Price $781,181 $756,822 $742,147 $724,782 $718,333
Avg Price Change +3.22% +1.98% +2.40% +0.90% -0.18%
Median Price $549,351 $537,816 $527,155 $521,276 $515,280
Med Price Change +2.14% +2.02% +1.13% +1.16% +0.82%
Avg Bedrooms 2.62 beds 2.58 beds 2.53 beds 2.5 beds 2.45 beds
Avg Bathrooms 2.37 baths 2.35 baths 2.34 baths 2.31 baths 2.3 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
East 482 $895,249 47 days
George Washington 370 $798,625 41 days
North 482 $733,696 68 days
South 362 $1,233,102 40 days
West 309 $777,377 62 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 3,301 $795,330 55 days
Distressed Homes 3 $449,966 190 days
Multi-Million Dollar Homes 579 $2,087,319 72 days
Newly Built Homes 523 $785,441 133 days
Homes with a Pool 605 $663,898 49 days
Reduced Price Homes 124 $767,930 31 days